Cloud Nine Launches Free and other Premium EdTech Content and Email-Based Education Course to drive User Base Growth of its Limitless VPN – Stockhouse
(TheNewswire)
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– Offers free and other premium EdTech Content designed to promote the benefits of the decentralized web and generate opportunities to increase the Company’s user base.
– EdTech Content consists of practical and relevant guides to understanding cybersecurity, blockchain technology, crypto-currency and non fungible tokens (NFTs).
– Offers free Email-Based Education Course Platform to engage entrepreneurs to create an on-line brand, particularly in the decentralized web space.
– Initiatives intended to increase user base of its Limitless VPN.
Vancouver, British Columbia – TheNewswire – November 8, 2021 – Cloud Nine Web3 Technologies Inc. (CSE:CNI) (OTC:CLGUF) (FRANKFURT:1JI0) (CNSX:CNI.CN) (“Cloud Nine” or the “Company”), a technology company focused on developing and offering peer-to-peer decentralized infrastructure products and related content, is pleased to announce it is offering free and other premium EdTech content and an Email Education Course Platform through its website available at www.cloud9web3.com to drive its user base and promote its Limitless VPN product.
On October 28, 2021, the Company entered into a Platform License Agreement and a Content License Agreement with Next Decentrum Technologies Inc. (“Next Decentrum”). Next Decentrum is a private technology company in which the Company currently holds a 10.5% undiluted interest in (or 1,604,274 common shares), and an obligation to acquire an additional 1,069,518 common shares (for a total of 16.4% or 2,673,792 common shares on an undiluted basis assuming all future payments are made) pursuant to a Share Purchase Agreement dated June 28, 2021.
Pursuant to the terms of the Content License Agreement, the Company has obtained a right and license to utilize the EdTech Content from Next Decentrurm for a term of one year after which the agreement will auto renew for further one year renewal periods unless either party provides notice of its intent not to renew at least 90 days prior to the end of the then-current term. There is a nominal fee payable by the Company for an initial trial period of 6 months, following which Next Decentrum will be entitled to a share of the gross course fees collected from the Company’s end-users.
In consideration for accessing the EdTech Content, users agree to join the Company’s user base from which the Company intends to cross-sell its products such as the Limitless VPN. The EdTech Content currently includes “The Quick & Dirty Guide to Blockchain”, “The Quick and Dirty Guide to NFTs”, “The NFT Cybersecurity Playbook” and “The Quick & Dirty Guide to NFTs – Extended”. Additional content is expected to be available in the coming months.
Pursuant to the Platform License Agreement, the Company has obtained a right and license to utilize the Email Education Course Platform from Next Decentrum for a term of one year after which the agreement will auto renew for further one year renewal periods unless either party provides notice of its intent not to renew …….
